Bitcoin extended this week's rally to Wednesday, breaching $94,000, as markets reacted positively to US President Donald Trump's statement that he will not interfere with the Federal Reserve and is ready to negotiate with China.
Bullish bitcoin and crypto traders are piling back in and predicting the “tide has turned” as Treasury secretary Scott Bessent is expected to reassure markets
Bitcoin (BTC) has surged past Google (GOOG) to become the worlds fifth-largest asset by market capitalization, reaching $1.86 trillion. The milestone was achieved as BTC broke above $94,000, marking a strong comeback and its highest-ever placement in global asset rankings.
A potential security breach involving the XRP Ledger was swiftly mitigated after malicious code was discovered in its JavaScript SDK, xrpl.js. The vulnerability stemmed from a stolen developer access token on the Node Package Manager (NPM) platform, enabling a threat actor to publish compromised versions of the software package.
The world's largest cryptocurrency Bitcoin has outpaced silver and Amazon to become the sixth most valuable asset in the world.
With Bitcoin causing the biggest short liquidation event of 2025, the protracted bear market may finally be coming to an end. In just the last day the market saw an incredible $618 million in liquidations with $317 million of that amount coming from Bitcoin.
In an interview on Bloomberg Crypto with anchors Tim Stenovec and Katie Greifeld, Teucrium Trading's chief executive officer (CEO) Sal Gilbertie argued that XRP is the crypto asset with “the most utility” in the entire space. “Ripple's a company of really professional people working really hard on this.
Crypto markets faced a sharp wave of liquidations over the past 24 hours, with total losses reaching $635.9 million, according to market data. The majority of the liquidations (over $560 million) came from short positions, signaling growing pressure on bearish traders.Bitcoin (BTC) led the liquidation charts, with $293 million in short positions wiped out as BTC surged past $94,000, marking a 6.29% gain within a day, according to CoinGlass data.
As the broader crypto market begins to recover from recent lows, on-chain data reveals a growing behavioral divide between Bitcoin's long-term and short-term holders.
Cardano (ADA) and Ethereum (ETH) soared over 14% in the past 24 hours, leading a broad crypto rally sparked by renewed optimism over U.S.-China trade tensions. Bitcoin (BTC) surged past $93,500 late Tuesday, gaining 6.5%, while Solana (SOL), XRP, and BNB rose around 8%.
Over $530 million in short positions were liquidated in the past 24 hours as crypto markets rallied on optimism surrounding U.S.-China trade relations. Bitcoin (BTC) soared from $88,000 to above $93,500, sparking a broader market rally with ether (ETH), Cardano (ADA), and dogecoin (DOGE) gaining 14%, while Solana (SOL) and XRP climbed 7%.
Bitcoin nears $95,000 as institutional momentum grows. Cantor, SoftBank, and Tether unveil $3B crypto venture, while Tesla and Malaysia boost blockchain confidence. The post Bitcoin Price Rockets to $94K—Is This Just the Start? appeared first on Cryptonews.
Brandon Lutnick, son of U.S. Commerce Secretary and Cantor Fitzgerald Chair Howard Lutnick, is spearheading a major bitcoin-backed investment initiative with the launch of a SPAC named Cantor Equity Partners. The venture is supported by crypto giants Tether, Bitfinex, and global investor SoftBank.
Tesla stock took a hit after the EV giant reported a 9% drop in total revenue for Q1 2025, down from $21.3 billion to $19.3 billion. But in a surprising move, Tesla Bitcoin holdings remained unchanged, signaling the company's continued confidence in crypto despite market and operational headwinds.
XRP and PI rallied, rising 8.83% and 6.5% respectively, amid growing optimism around XRP's ETF prospects and Pi Network's mainnet progress. The crypto market is showing early signs of recovery, with Ripple's XRP (XRP) up 8.
Metaplanet CEO Simon Gerovich reaffirms long-term Bitcoin strategy amid share price concerns and highlights key performance growth.
XRP price has slowly moved above a crucial resistance level this week, raising optimism that it will maintain its momentum. Ripple surged to a high of $2.2 on Wednesday, its highest level in over two weeks and 40% from its lowest level this month.
Bitcoin has re-entered bullish territory, surging above the $93,000 mark, as its price continues to climb, confirming a powerful upside trend. This move aligns with 10x Research's prediction, which turned bullish on April 12. Since then, BTC has gained over 10%, with the next key resistance level between $94,000 and $95,000.
Cantor Fitzgerald is reportedly stepping into the Bitcoin investment arena with plans to launch a $3 billion digital asset venture, Financial Times reported on April 23. The initiative is backed by heavyweight partners, including stablecoin issuer Tether, SoftBank, and crypto platform Bitfinex.
SGX is the only official securities and derivatives exchange regulated by the Singapore government. This new offering of Bitcoin perpetuals won't just expand access to digital asset exposure.
On-chain data shows the Bitcoin spot market hasn't been left behind during the latest price rally as its volume has registered a large increase. Both Bitcoin Open Interest & Spot Volume Have Shot Up In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the Bitcoin Open Interest.
Investments in Bitcoin exchange-traded funds (ETFs) have rebounded to levels last seen in January, signaling a recovery in investor sentiment from concerns around global trade tariff escalations.US spot Bitcoin (BTC) ETFs had over $912 million worth of cumulative net inflows on April 22, marking their highest daily investment in more than three months since Jan. 21, Farside Investors data shows. Bitcoin ETF Flow, millions.
Bitcoin surged past $93,000 as Trump administration signaled easing U.S.-China trade tensions, despite underlying on-chain weakness.
Analytics account @spotonchain on the social media platform X (formerly known as Twitter) has reported that this week spot Bitcoin ETFs have seen the largest inflows since the day when Bitcoin surged to its all-time high above the $109,000 level.
Key points: Whales on Binance joins Coinbase in adding BTC exposure as Bitcoin recovers above $90,000. The Coinbase premium is back in the green amid a broad risk-asset relief rally.
BTC sits at a multi-week peak of over $94,000.
A critical security incident has compromised a widely-used software library in the Ripple XRP ecosystem, putting thousands of crypto wallets at risk.
Bitcoin (BTC) just cleared a major obstacle at $90,000, and one of the market's top chartists is officially on board. Peter Brandt, known for his over 50 years of experience in trading and expertise for classical chart patterns, has publicly taken a long position in BTC.
The official Ripple package XRP Ledger (XRPL), an NPM package, was compromised by sophisticated attackers who installed a backdoor to extract crypto keys, gaining access to private wallets. Ripple discovered the breach when five new packages were added to the XRP Ledger (XRPL) repository.
Ethereum price briefly reclaimed $1,800 on April 23 after a staggering 11% gain within 24 hours as Bitcoin and most altcoins traded higher. These gains wiped out more than $110M in short ETH positions, and as Bitcoin now eyes the psychological level of $100,000, crypto traders are wondering whether ETH will sustain this uptrend and
Bitcoin and other cryptocurrencies have surged in line with other financial assets after US President Donald Trump signalled a more conciliatory approach toward trade relations with China. The dollar price of bitcoin has jumped 6.6% over 24 hours to $94,227.77, rising more than 12% over the past week and 26% over the past two weeks.
Cantor Fitzgerald is creating a $3 billion Bitcoin fund with Tether, SoftBank and Bitfinex, mirroring MicroStrategy's approach to Bitcoin accumulation.
Tesla reports $951 million in bitcoin holdings and missed revenue targets as Musk promises to scale back government work and focus more on the company.
Cantor Fitzgerald, one of Wall Street's oldest investment firms, is set to make a major move in the cryptocurrency space by launching a new $3 billion Bitcoin-focused venture that aims to mirror that of Bitcoin development firm Strategy (formerly Microstrategy)
Bitcoin (BTC) liquidations wiped out short positions, shifting the overall market sentiment for a new price rally.
U.S. spot exchange-traded funds tracking the spot price of Bitcoin saw their strongest one-day performance since late January as the Bitcoin price rebounds above $94,000 amid heightened investor interest.
Bitcoin surged to $92K as whales accumulate, retail bets short, and bullish momentum faces resistance.
Bitcoin continued its upward trajectory Tuesday, reaching $94,205 and capping an 11.8% gain over six days. The move coincided with a broad asset rally following the White House's softened language on Federal Reserve policy and U.S.-China trade tariffs.
CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold.
A spectacular $6,000 surge from Bitcoin on Tuesday took the king of the cryptocurrencies to nearly $94,000. While stock markets joined in the rally, gold fell, down 3.9% from its $3,500 top.
A total of 12 million Ripple USD (RLUSD) tokens were burned by Ripple, according to an April 23 update.
Coinbase officially launched XRP futures contracts on its U.S. Derivatives Exchange on April 21. The XRP futures saw strong performance, with daily trading volume already surpassing 100 million USDC. The strong start shows the increasing demand and interest from both retail and institutional traders.
Cardano's price surges as whales accumulate tokens and technical indicators turn bullish, with analysts eyeing $0.80 amid ecosystem growth and potential ETF approval.
Bitcoin has finally reclaimed the psychologically $90,000 level once again following a recent period of significant correction that brought it to trade as low as $74,000 in recent weeks. So far, BTC has now steadily rebounded, rising by 13.1% in the past two weeks to currently trade at $90,279, marking a 3.3% increase in the past day.
As bitcoin (BTC) and ether's (ETH) recovery rally gathered momentum Tuesday, the perpetual futures market saw an even more pronounced increase in open interest, pointing to growing investor confidence as the Trump administration dialed back on its trade-tariff, anti-Fed rhetoric.
The weekly trade began with a huge bullish push, which uplifted the Bitcoin price above the horizontal consolidation. Meanwhile, the latest push suggests the market participants have become extremely bullish on Bitcoin, activating the target for the week at $100K.
In a stunning development, the Bitcoin price has made a remarkable recovery from the recent tariff-induced slump. In a day, the pioneer cryptocurrency has increased by more than 6%, marking a sharp surge from a mere $87k to nearly $94k.
Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold.